How could we come so close to our dreams, only to have it pulled out from under us so quickly?
怎麽可能如此接近我们的梦想, 这麽快就眼睁睁看著它破灭?
Because we live under a system of fractional-reserve banking, other consequences quickly ensue.
由于我们身处一个部分准备金银行制度下，间接影响也随即发生了。
Under those circumstances, we could see collapsing emerging market currencies, a currency-led tightening of US monetary conditions and an American recovery that all too quickly melts away.
在那种情况下，我们可能看到新兴市场货币崩溃，美国货币环境因汇率因素所致的紧缩，以及很快烟消云散的美国经济复苏。
Under those circumstances, we could see collapsing emerging market currencies, a currency-led tightening of US monetary conditions and an American recovery that all too quickly melts away.
在那种情况下，我们可能看到新兴市场货币崩溃，美国货币环境因汇率因素所致的紧缩，以及很快烟消云散的美国经济复苏。
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